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Tag: battery storage

Google and Tesla think we’re managing the electrical grid all wrong
  • Technology

Google and Tesla think we’re managing the electrical grid all wrong

Admin3 months ago05 mins

Google, Tesla, and data center developer Verrus are among a group of companies arguing that the electrical grid is being underutilized and they want everyone — especially politicians — to know about it. The three companies along with HVAC giant Carrier, virtual power plant company Renew Home, distributed energy resource developer Sparkfund, and smart electrical…

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Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started’
  • Technology

Battery startup Moxion went bankrupt. Now its founder is back to ‘finish what we started’

Admin9 months ago07 mins

Just over a year ago, Moxion Power closed its doors, adding its name to a list of high-profile bankruptcies that roiled the climate tech world in 2024. The portable battery startup had raised more than $110 million in a bid to replace diesel generators at festivals and construction sites, but even that wasn’t enough to…

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India’s Offgrid raises M to make lithium optional for battery storage
  • Technology

India’s Offgrid raises $15M to make lithium optional for battery storage

Admin9 months ago010 mins

Lithium has become the default choice for battery-powered systems, but its limitations — from volatile supply chains to short lifespans — are becoming increasingly difficult to ignore. Offgrid Energy Labs, a deep-tech startup based in India, wants to make lithium less central, especially when it comes to battery storage. The seven-year-old startup, incubated at IIT…

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Final GOP bill kneecaps renewables and hydrogen but lifts nuclear and geothermal
  • Technology

Final GOP bill kneecaps renewables and hydrogen but lifts nuclear and geothermal

Admin11 months ago03 mins

Republican legislators Thursday passed a reconciliation act that, among other things, unwinds much of the Inflation Reduction Act (IRA). The bill, which passed 218-214 with two Republicans voting no, now awaits President Donald Trump’s signature. Trump is expected to sign it. Solar, wind, and clean hydrogen will all lose incentives under the new bill, while…

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a16z backs Base Power in 0M round for home backup batteries
  • Technology

a16z backs Base Power in $200M round for home backup batteries

Admin1 year ago04 mins

In less than a year, Base Power has grown from a stealthy startup to one of the largest battery fleets in Texas. Now, the company has raised $200 million to fund a rapid expansion, including dozens more megawatt-hours of battery storage and plans for a domestic battery factory. The Series B round was led by…

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#Stargate will use solar and batteries to power 0B AI venture
  • Technology

#Stargate will use solar and batteries to power $100B AI venture

Admin1 year ago05 mins

The massive $100 billion Stargate joint venture will reportedly be powered, at least in part, by solar and batteries. The renewable power installations will be built by SoftBank-backed SB Energy, according to a report from Bloomberg, though they’re unlikely to be the venture’s sole source of energy. Stargate is a partnership between OpenAI, Oracle, and…

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